AlphaVest Acquisition Corp and AMC Corporation Announce Shareholder Approval of Business Combination and Execution of Definitive Agreements for $8 Million PIPE Financing [Yahoo! Finance]
AlphaVest Acquisition Corp - Unit (ATMVU)
Company Research
Source: Yahoo! Finance
$8 million PIPE financing subscribed for by a group of investors Proceeds to be used to accelerate AMC's development and go-to-market strategy for its industrial warehouse solution featuring an AI-powered patrol and incident response robot NEW YORK, Sept. 09, 2025 (GLOBE NEWSWIRE) -- AlphaVest Acquisition Corp (NASDAQ: ATMV) (the “Company” or “AlphaVest”) and AMC Corporation (“AMC”), a security and safety technology solutions company, today announced that AlphaVest shareholders voted to approve the previously announced business combination between the two companies (the “Business Combination”) at AlphaVest's Extraordinary General Meeting held on September 5, 2025. In addition, AlphaVest and AMC announced that the parties have entered into binding agreements for a private placement of $8 million of common stock and common stock purchase warrants initially exercisable at $10.00 per share, subject to adjustment, to be consummated simultaneously with the consummation of the Business
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- AlphaVest Acquisition Corp Files Supplement to Proxy Materials Clarifying Redemption Procedures Related to its Business Combination and Extraordinary General Meeting [Yahoo! Finance]Yahoo! Finance
- AlphaVest Acquisition Corp Files Supplement to Proxy Materials Clarifying Redemption Procedures Related to its Business Combination and Extraordinary General MeetingGlobeNewswire